Variant Fund IV, L.P. is a venture capital fund based in New York, New York. According to its most recent Form D, filed Sep 9, 2026, it has sold $221,164,750 of interests to 55 investors since its first sale in Sep 2025. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Jesse Walden; Variant Fund IV GP, LLC.
- Total raised
- $221,164,750Cumulative sales reported on Form D
- Investors
- 55
- First sale
- Sep 9, 2025
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Jesse Walden; Variant Fund IV GP, LLC
- Latest Form D
- Sep 9, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Variant Fund IV, L.P.
What is the minimum investment for Variant Fund IV, L.P.?
Variant Fund IV, L.P.'s latest Form D, filed Sep 9, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Variant Fund IV, L.P.?
Variant Fund IV, L.P. is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Variant Fund IV, L.P. raised?
Variant Fund IV, L.P. reports $221,164,750 sold from 55 investors on its Form D filed Sep 9, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Variant Fund IV, L.P. based?
Variant Fund IV, L.P. is based in New York, New York.
When did Variant Fund IV, L.P. launch?
Variant Fund IV, L.P. reports its first sale in Sep 2025.
Size compared with every venture capital fund
Raised more than 98% of the 1,252 venture capital funds based in New York, and more than 99% of all 15,160 that report sales.